The 31-year-old is currently out-of-favour with Arsenal boss Arsene Wenger , who allowed him to return to former club Zenit on-loan last season.

The Gunners had been hopeful the move could lead to a permanent sale, but despite Arshavin scoring three goals in 10 appearances, an ugly spat with Russia fans during a disappointing Euro 2012 meant he has become pubic enemy number one in his homeland, and Zenit pulled the plug.

But it appears not everybody has been put off, with Dynamo Moscow coach Dan Petrescu confirming the club made an offer to sign Arshavin yesterday, on the final day of the Russian transfer window, only for the player to snub their advances.

‘I wanted to add this player to the team, but Andrey said no to Dynamo,’ Petrescu announced.

It is understood that Dynamo offered Arshavin the opportunity to join them on a season-long loan, with a view to a permanent deal next summer, when his contract with the Gunners expires.

Arshavin had previously suggested he wanted to stay in London long enough to earn British citizenship, and Fulham had expressed an interest in buying him last month, only for the deal to collapse over wage demands.